Economist: No budget schedules and investment projects are at risk of being halted

 Economist: No budget schedules and investment projects are at risk of being halted

Economic expert Abdul Rahman Al Mashhadani ruled out the existence of budget schedules for 2025, and that 2026 will also not witness a budget.

Al-Mashhadani confirmed to Al-Furat News Agency that government spending will be done according to the 1/12 rule of the 2024 budget.

Al-Mashhadani pointed out that the 2024 budget deficit is clear and ranges between 15 and 16 trillion dinars.
He explained that "total spending was 156 trillion dinars, while revenues ranged between 140 and 141 trillion dinars, which confirms the clear and known financial deficit."

The economic expert stressed that "the economic situation in general is linked to global oil prices." 
Al-Mashhadani explained that "within normal rates, things are proceeding normally," but he warned that "the absence of budget schedules means no spending for investment and commodity aspects."

The economic report predicted that "projects that are currently being spent and implemented may stop, and spending will be limited to salaries only."

Regarding next year's budget, he also expected that "the budget deficit will be lower, given that spending will be restricted to the 1/12 system of what is spent in the 2024 budget."  link

TIDBIT FROM MILITIAMAN

 Militia Man 

 2023 Article quote: "...Because the project to delete the zeros still exists [Alaq] says when this is done correctly we can expect Iraq to become a strong dinar that is considered a store of value and perhaps even stronger than the dinar that was before 1980." 

 That's the expectation of this - before 1980.  That's coming from the Central Bank of Iraq.

REINALDO JC ~A Scripted World Event~ Iran 🇮🇷 Israel 🇮🇱 Iraq 🇮🇶

 REINALDO JC

~A Scripted World Event~ Iran Israel Iraq I Now Wholeheartedly Believe (imo) Certain Events Needs To Play Out & Take Place Before Iraq Can Finally Reinstate The Iraqi Dinar Currency. ALL Is Complete Behind The Scenes (a date is set). Like I Mentioned Back On April 13th Watch For Iran To Somehow Blame Israel Attacking A Neighboring Country Amongst Other Things…Than Look For Israel To Attack Iran Nuclear Power Plant {Final Corrupción Cleanup} To Make It Seem WWIII Is About To Begin (distraction) To Look Here Not There & While ALL Eyes Are OFF Iraq , Look For Iraq To Sneak In & BOOMREINSTATE The Iraqi Dinar! It’s Going To Happen, It Has Already Happened, (It’s Scripted)-Just Waiting On Certain World Events To Take Place First. —(Israel To Attack Iran Nuclear Plant) …Hold The Line & LFG

GROUP PAYOUTS AT REDEMPTION CENTERS: Dinar/Dong = double-digit USD , Notification Phase underway

 

Al-Sudani to a congressional delegation: We look forward to developing our relationship with Washington in four areas

  Al-Sudani to a congressional delegation: We look forward to developing our relationship with Washington in four areas

Prime Minister Mohammed Shia al-Sudani expressed his aspiration to develop and grow relations with the United States in various fields, particularly in the economic, energy, investment, and cultural sectors, on Saturday.

This came during his reception of US Senators Angus King and James Lankford, and their accompanying delegation, according to an Iraqi government statement received by Noon News Agency.

According to the statement, Al-Sudani stressed the importance of bilateral relations with the United States and expressed his aspiration to develop and grow them across various fields, particularly in the economy, energy, investment, and culture sectors, in light of the Strategic Framework Agreement. 

He also referred to the relationship with the international coalition within the framework of talks to transition to a new phase of security cooperation in the field of advisory and capacity-building for the Iraqi security forces.

The Prime Minister noted the clear stability in Iraq, which has been reflected in the economic and development situation, stressing that "the government has taken decisive steps in the oil and gas sector and achieved significant accomplishments that will enhance cooperation and investment with American companies in this field."

The statement also quoted the delegation members as saying that they "congratulated Al-Sudani on Iraq's success in holding the two Arab political and development summits, and the country's potential contribution to achieving regional stability in light of its growing role in this field.

 They also expressed their admiration for the remarkable progress in Iraq in terms of construction, reconstruction and development, and the government's success in various fields. They expressed their desire to strengthen cooperation between the two countries in all areas." link

TIDBIT FROM MARKZ

 MarkZ   

[via PDK]  

  We...have “US Department of State Secretary Rubio and Barzani at Friday 1:30 pm est and 8:30 pm Erbil” 

 they met in the US and they had two different meetings I was told.  It was hailed as a “breakthrough” for oil to start flowing from that region and for them to settle all disputes between Baghdad and the Kurdish region. 

 I was told over a decade ago that when those two came together - we would see a change in value of the dinar.

 That is why I watch this. 

MNT GOAT: The time of the reset is nearing!! @DINARREVALUATION #iraqidinar #iqd